Inspire Corporate Bond ETF (NYSEARCA:IBD) Trading Down 0.2%

Inspire Corporate Bond ETF (NYSEARCA:IBD) shares were down 0.2% on Wednesday . The company traded as low as $24.00 and last traded at $24.10. Approximately 56,368 shares were traded during trading, a decline of 34% from the average daily volume of 85,679 shares. The stock had previously closed at $24.14.

Inspire Corporate Bond ETF Trading Down 0.6 %

The stock has a fifty day moving average price of $23.74 and a two-hundred day moving average price of $23.48.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Inspire Corporate Bond ETF stock. Vicus Capital increased its stake in Inspire Corporate Bond ETF (NYSEARCA:IBD) by 2.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 58,176 shares of the company’s stock after purchasing an additional 1,602 shares during the period. Vicus Capital owned approximately 0.52% of Inspire Corporate Bond ETF worth $1,366,000 as of its most recent filing with the SEC.

Inspire Corporate Bond ETF Company Profile

The Inspire Corporate Bond Impact ESG ETF (IBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an equally weighted index of bonds issued by S&P 500-component companies that meet biblically responsible investing standards according to the Issuer. IBD was launched on Jul 10, 2017 and is managed by Inspire.